Maneesh Pharmaceuticals (a Mumbai based Integrated Pharma Company) acquired Sanobiol; the Third Largest manufacturer of high value hospital products in Brazil.  Laboratorio Sanobiol Ltda. Brazil, is an ANVISA approved facility caters to the large market share in the hospital segments in Brazil, and is the third largest manufacturer for such parenterals as Intravenous fluids, Intravenous access devices & Infusion equipment in Brazil. From the financial standpoint Sanobiol is very sound organization in terms of systems, finance & system implemenation.

This acquisition  makes Maneesh Pharma one of the major Indian Pharma Comapnies in Brazil and Latin America. Acquisition of Sanobiol Ltda. after LASA in Brazil is a strategic decision to further the Company's Global Reach to expand their operations in USA, Europe & Latin America.